Value Relevance of Embedded Value and IFRS 4 Insurance Contracts
Rebecca Chung-Fern Wu
Audrey Wen-Hsin Hsu
The Geneva Papers on Risk and Insurance Issues and Practice,
In light of the recent exodus of foreign insurers from Taiwan and the local insurers’ outcries against the International Financial Reporting Standard (IFRS) 4 Insurance Contracts, we examine the value relevance of financial statements for life insurance firms, with part...